RBSL IPO overview! Issue Size, GMP, Issue Price, and All Details to Know

Last updated on December 19th, 2024 at 09:32 pm

RBSL IPO overview! Issue Size, GMP, Issue Price, and All Details to Know Ramdevbaba Solvent Limited.

RBSL (Ramdevbaba Solvent Limited) trades in Rice Bran Oil and De-Oiled Rice Bran cake. It operates in the agro-industrial sector.

About Ramdevbaba Solvent Limited

Ramdevbaba Solvent started as ‘Ramdevbaba Solvent Private Limited’ in 2008 under the Companies Act, of 1956. It transitioned to a public limited company in 2023. The name changed to ‘Ramdevbaba Solvent Limited’ after shareholders’ approval and a new certificate from the Registrar of Companies, Maharashtra.

RBSL IPO Details

• Company: Ramdevbaba Solvent Limited (BSL)
• Date: 15th – 18th April
• Price Range: ₹80 – ₹85
• Total Shares: 128,000
• Quantity: 1,600 Qty.
• Offer Start: 2024-04-15
• Offer End: 2024-04-18
• Allotment: 2024-04-19
• Refund Initiation: 2024-04-22
• Demat Transfer: 2024-04-22
• Listing: 2024-04-23
• Mandate End: 2024-05-03

GMP of Ramdevbaba Solvent Limited

Ramdevbaba Solvent Limited IPO GMP is ₹27 as of today.

GMP Date	IPO GMP
18-04-2024(Closed)	₹27
17-04-2024	₹27
16-04-2024	₹27
15-04-2024	₹15

PROMOTERS

• Prashant Kisanlal Bhaiya
• Nilesh Suresh Mohata
• Tushar Ramesh Mohata
• Aayush Prashant Bhaiya
• Prashant Kisanlal Bhaiya (HUF)
• Mohata Nilesh Suresh (HUF)
• Kishanlal Prashant (HUF)
• Prashant & Aayush (HUF)
• Prashant Prateek (HUF)

FINANCIAL

Summary of Financial Information

Equity and Liabilities (in ₹ lakhs)

Particulars	Dec ’23	Mar ’23
Shareholder’s Fund
– Share Capital	1,621.18	458.73
– Reserves & Surplus	5,235.97	4,324.52
Non-Current Liabilities
– Long-Term Borrowings	4,137.81	4,228.79
Current Liabilities
– Short-Term Borrowings	5,860.97	5,693.84
– Trade Payables (total)	2,457.33	3,033.21

Assets (in ₹ lakhs)

Particulars	Dec ’23	Mar ’23
Non-Current Assets
– Property, Plant, Equip.	9,362.66	6,205.17
Current Assets
– Inventories	4,449.67	4,693.04
– Trade Receivables	3,523.44	3,870.77
– Cash & Cash Equivalents	22.41	35.64

Profit and Loss (in ₹ lakhs)

Particulars	Dec ’23	Mar ’23
Revenue	46,359.01	69,775.26
Cost of Materials Consumed	38,102.77	57,102.22
Employee Benefits	725.27	653.62
Profit After Tax	828.90	1,300.15

Cash Flow (in ₹ lakhs)

Particulars	Dec ’23	Mar ’23
Operating Activities
– Cash from operations	1,444.64	1,272.82
Investing Activities
– Capex on fixed assets	(908.93)	(3,950.10)
Financing Activities
– New equity shares	1,245.00	–
Net Cash at end of the year	22.42	35.64

Board of Directors

Name	Designation
Prashant Kisanlal Bhaiya	Chairman and Whole-time Director
Nilesh Suresh Mohata	Managing Director
Tushar Ramesh Mohata	Whole-time Director
Rajnandini Tanmay Bhaiya	Non-Executive Director
Amar Sushil Damani	Independent Director
Hemant Gopaldas Kalantri	Independent Director

Also Read: GVL IPO overview! Issue Size, GMP, Issue Price, and All Details to Know

Download Draft Prospectus Pdf

Stock market disclaimer

Note: The information that we provide is based on our analysis, do your research before making an investment decision stock market disclaimer.